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Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax loans. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually used up and a K-1 is issued to the partners who then consider the credits on their personal recurrence. The IRS is arguing that there is not any legitimate business purpose for the partnership, can make the strategy fraudulent.

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You can have an attorney help you file the claim and negotiate the amount of your reward with no IRS. Would the IRS seek to give basically reward in the area too low, your attorney can challenge the amount in federal tax Court. Test get paid a reward from the government instead of paying taxes for deadbeats?

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